A planned $600 billion artificial intelligence spending splurge by big tech firms in 2026 is adding to investor unease as they assess the implications for profitability as well as a potential existential threat to software firms. Shares of Amazon, which had announced a $200 billion capital expenditure outlay, slid 7% on Friday while Alphabet lost … Read more
Anthropic is now valued at around $350 billion, up from its $183 billion valuation as of September, after Microsoft and Nvidia jointly invested $15 billion in the AI startup, CNBC reported. Microsoft announced this strategic partnership with Nvidia and Anthropic on Tuesday, signalling a fresh push to diversify its AI needs and reduce its reliance … Read more
Microsoft’s AI chief Mustafa Suleyman is drawing a line in the sand as tech giants race to build superintelligent systems, declaring that raw capability must take a backseat to human control. “We can’t build superintelligence just for superintelligence’s sake,” Suleyman said, days after unveiling Microsoft’s new MAI Superintelligence Team. “It’s got to be for humanity’s … Read more
As the earnings season in the US progresses, tech’s internet giants have made it clear to the Wall Street the Artificial Intelligence (AI) investments will be the next big things. Microsoft, Meta, Alphabet and Amazon will now collectively spend $380 billion this year, the tech giants said as they got through the earnings. The companies … Read more
Microsoft and OpenAI are reportedly planning a massive data-centre project that could cost up to $100 billion, including the development of an artificial intelligence supercomputer called “Stargate,” according to a report by The Information. The project is said to be financed by Microsoft. The proposed efforts, as per the source who has seen the initial … Read more
The New York Times (NYT) is suing OpenAI and Microsoft, alleging that the company’s AI text generators ChatGPT and Copilot infringe on the newspaper’s copyrights. NYT claims that both ChatGPT and Copilot were trained on a massive dataset that included copyrighted New York Times articles. This, the Times argues, constitutes a clear violation of its … Read more
UK regulators have approved Microsoft’s revised bid for the acquisition of Activision Blizzard, after initially blocking the deal. The revised agreement will see Microsoft cede distribution rights for Activision’s games to Ubisoft, while still retaining control over popular titles like ‘Call of Duty’. After two-year-long effort to secure the gaming industry’s most substantial takeover, the … Read more
One thing that pops up no matter where you look is the Pareto distribution. It’s a probability model that’s also been dubbed the 80-20 rule, and it illustrates how a tiny number of causes are responsible for the lion’s share of effects. For example, it’s like how the top 20% of sales people produce 80% … Read more
Microsoft announced that it is launching its next-generation hybrid cloud platform “Azure Operator Nexus” for communication service providers. The tech giant believes that modern network infrastructure will assist its telecommunications partners to improve and monetise their existing infrastructure while also lowering their overall cost of ownership, reports TechCrunch. Azure Operator Nexus will allow these companies … Read more